The USDCHF continues the breach attempts – Analysis - 04-10-2019

Economies.com
2019-10-04 04:50AM UTC

The USDCHF pair continues the attempts to breach 0.9990 level, starting today with bullish bias to move above this level, which supports the expectations of continuing the bullish trend in the upcoming period, which its next target located at 1.0070.

 

The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 0.9940.

 

The expected trading range for today is between 0.9940 support and 1.0070 resistance.

The expected trend for today: Bullish

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